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Binance Invests $100 Million in Circle to Further Expand USDC Partnership

Source: www.wsj.com
Odaily News: Binance has invested $100 million in Circle Internet Group as part of an expanded stablecoin partnership between the two parties to drive USDC adoption in emerging markets.A Binance spokesperson stated that Binance will integrate USDC into existing and new digital asset savings and investment products, and offer incentives such as reduced spot trading fees for USDC-denominated trading pairs. Binance and Circle previously established a partnership in December 2024 to expand USDC adoption. USDC currently has a market capitalization of approximately $75 billion. (The Wall Street Journal)

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